Sik Cheong seeking ACE Market listing

From left: Sik Cheong executive director Wong Hin Loong, managing director Wong Hing Ngiap, TA Securities executive director Tah Heong Beng and senior manager of corporate finance Abdul Muiz Mustafa.

PETALING JAYA: Refined, bleached, and deodorised (RBD) palm olein oil repackaging firm Sik Cheong Bhd is undertaking an initial public offering (IPO) exercise to list on the ACE Market of Bursa Malaysia.

The group had inked an underwriting agreement with TA Securities Holdings Bhd for 17.3 million new shares made available to the public.